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141-145 Main Road & 10-12 Tatachilla Road Mclaren Vale SA 5171

  • Retail
  • 127 - 385 m²
  • For Sale, Price Upon Application

DEVELOPMENT OPPORTUNITY

Ray White Adelaide Commercial and Ray White Goolwa are appointed as the sole agents for the marketing of 141 Main Road, McLaren Vale, 143-145 Main Road, McLaren Vale, 12 Tatachilla Road, McLaren Vale and 10 Tatachilla Road, McLaren Vale.

An opportunity exists to purchase the 4 properties individually or in one line.
TOTAL SITE AREA: 7,407 square metres approximately
ZONING: NEIGHBOURHOOD CENTRE & RESIDENTIAL(Majority of site is
Neighbourhood Centre)

Purchasers are encouraged to give consideration to acquiring this exciting and unique offering. Main Road, McLaren Vale is a tightly held commercial/retail strip with limited development opportunities available. The site has frontages to both Tatachilla Road and Main Road, McLaren Vale.

Potential uses for the site include: supermarket, shop, restaurant, residential, office, health centre, consulting room, petrol filling station, child care facility, pre-school, primary school, place of worship, library, recreation area.

The property is leased on a monthly basis giving purchasers valuable holding income and the flexibility to occupy or develop the site.

We look forward to assisting you with your enquiries in relation to the property, undertaking an inspection of the properties. We envisage that interest in the site may come from parties considering development, owner occupation and investment.

The property comprises the following:
141 Main Road, McLaren Vale- Spa & beauty centre, currently leased at a rental of $30,780.00 per annum plus outgoings, Tenancy is leased on a monthly basis. Zoned Neighbourhood Centre, Site Area 780 m2 approx., Building area 177 m2 approx. An excellent stand-alone retail investment or suitable for owner occupation. Potential to amalgamate with adjoining sites.

143-145 Main Road, McLaren Vale-Oxygen Cycle shop and a heritage listed building known as the Devonshire Arms Hotel (Circa 1840) currently leased to a Florist Shop at a rental of $13,000 per annum. Oxygen Cycles is leased at a rental of $13,332 per annum plus outgoings. Both tenancies are leased on a monthly basis. Zoned Neighbourhood Centre, Site Area 3,605 m2 approx., Building area 385 m2 approx. The heritage listed Devonshire Arms Hotel building is largely in original condition and with refurbishment and expansion the building has numerous potential uses. Cafe/restaurant/cellar door and outside table settings in the large open grounds in front of the building or a health-related use stand out as possible uses of this historic building. The bicycle shop is not on the heritage list. Potential to occupy, redevelop, expand, subdivide or amalgamate with adjoining site or sites.

12 Tatachilla Road, McLaren Vale-former Telstra building currently utilised has a photographic studio and leased at a rental of $6,500.00 per annum, The workshop/office & shed are leased at a rental of $6,500.00 per annum. Both tenancies are leased on a monthly basis. Site Area 2,231 m2 approx. Main building area is 127 m2 approximately and includes an office, kitchen/lunchroom, studio and bathroom. Zoned Neighbourhood Centre & Residential. Potential to occupy, redevelop, subdivide or amalgamate with adjoining site or sites.

10 Tatachilla Road, McLaren Vale - A three-bedroom bungalow style residence with carport and garage. Zoned Residentilal, Site Area 780 m2 approx. plus carport. Potential to renovate, redevelop or amalgamate with adjoining site or sites.

Any development of the site will of course be subject to the normal statutory process and the conditions associated with such approvals.

Contact:
Christopher Marchant 0411 885 669
OR
Bruce Deans 0418 897 518

RLA 275886

Property Highlights

Property ID2014301122
Floor Area127 - 385 m²
Land Area7,407 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  2 Oct 2019
Map for 141-145 Main Road & 10-12 Tatachilla Road Mclaren Vale SA 5171
Ray White Adelaide City
65a Dulwich Avenue Dulwich SA 5065

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